42A Princes Hwy, DANDENONG VIC 3175
Development Feasibility Analysis in Dandenong, VIC
Zoned RGZ1, this 2,021 sqm Dandenong site is assessed for a 9-townhouse project costing $7.91 million to deliver. Revenue at $634,500 per townhouse totals $5.71 million, producing a $2.20 million net loss and a negative margin of 27.8%. The land cost of $528,750 is not the core issue; the low townhouse sale price relative to build cost is the main driver of the shortfall.
Loading interactive analysis...
Frequently Asked Questions
Can this Dandenong RGZ1 site support a 9-townhouse development?
The feasibility model shows it cannot at current sale prices. Total costs of $7.91 million exceed revenue of $5.71 million by $2.20 million, a negative margin of 27.8%.
What sale price is used for each townhouse?
$634,500 per dwelling. Nine townhouses produce total revenue of $5.71 million, which is insufficient to cover project costs.
How large is the site and what zone applies?
The site is 2,021 sqm and zoned Residential Growth Zone 1 (RGZ1), which supports medium-density townhouse development.
What type of development does RGZ1 permit in Dandenong?
RGZ1 supports medium to higher density residential development including townhouses and apartments. Planning permits are generally required for multi-dwelling projects.
More Reports in Dandenong
Nearby Suburbs
DISCLAIMER: This analysis is generated by automated algorithms for informational purposes only. It does not constitute financial, investment, or legal advice. Actual development costs, revenues, and returns may vary significantly from these estimates. Users should consult qualified professionals including a registered quantity surveyor, accredited town planner, and solicitor before making any investment decisions. DA Leads Australia Pty Ltd holds no Australian Financial Services Licence (AFSL) and is not authorised to provide financial product advice under the Corporations Act 2001 (Cth).